How to spend down Amex gift cards


Many have asked me how to liquidate Amex gift cards.  I don’t know what the “best” answer is, but below are a number of options.


Use Amex gift cards to:

  1. Buy stuff you would buy anyway.
  2. Buy Visa or MasterCard gift cards (at a supermarket, for example) and then use the gift card PIN to cash out.
  3. Make Kiva loans.
  4. Buy merchant gift cards through online portals in order to earn extra points or cash back.
  5. Pay federal taxes.  You will incur a 1.89% fee, but that can be partially or wholly offset by cash back earned when buying Amex gift cards.

Don’t try:

The following things cannot be done with Amex gift cards:

  1. Withdraw money from an ATM.
  2. Use as a debit card.
  3. Load Bluebird or REDbird.
Please enter all required fields Click to hide
Correct invalid entries Click to hide
Notify of

This site uses Akismet to reduce spam. Learn how your comment data is processed.

newest most voted
Inline Feedbacks
View all comments